Topic: Is it possible that 1 BTC be worth $2,000 by the end of 2015? - page 6. (Read 26050 times)

Anything is possible this is just stable price for now.
After or during the holidays we will see in week or two.

NO way to hit this like that. Maybe smaller amount over 500 or to be in that range plus minus 10%

500$ can be made in this month i think, cuz we have holidays coming this can maybe influence on price

I think $2,000 is a bit too high, maybe $500

Why would you guys think $1,000 per coin is possible when that would be
OVER $14 BILLION DOLLARS IN MARKET CAP!! LOL! We can barely hold onto $5 MILLION!! LOL!
When do you guys seriously see this as possible??? Open you eyes, paper money has huge profit margin this shit cost half a million in electricity per day. Good luck 

I think you are entirely right except for the demonstration that we may have two "bubbles" because we didn't have one in 2014 (yet).

It's very possible bitcoin will go ABOVE $4,000 in 2015. Bitcoin overshoots and undershoots beyond expectation. I think it likely that there will actually be two "bubbles" next year because they happen on average once a year and we didn't get one this year.

For that scenario to play out, the majority of coins will need to be in the hands of long term holders. Also, certain geo-economic events will need to play out such as capital controls being implemented in a country where the people have access to bitcoin. Hyper-inflation will boost BTC and precious metals in the currency in which it happens.

another possibility is the U.S. SEC approves one or more BTC ETFs (exchange traded funds) and wall street money starts trickling in, builds momentum and pushes us over the top.

If there is something I have learned over the past four years, it is that market momentum can be an awesome powerful thing. It can flatten anyone ANYONE who gets in the way and make vast riches for those who learn to surf the waves in stead of attempting to hold back the tide.

1000$ a coin is not far away from 400$ a coin, we can get there in 2days and double this price if there is a big positive news about Bitcoin.

I most certainly doubt about possibility anything over $1000. Be honest, actually we are waiting for the greater fools to buy our bitcoins at $1000.

unlike most other people here i am afraid of the price going up to that. ill be left behind and wont have enough time to accumulate before we go over 1000!

The price should jump before the newt halving since the sellers will anticipate the halving and ask buyers for more $ to get their BTC.

In theory this could be something that is a major competitor with bitcoin (more so then litecoin or namecoin), however I think this would be a bit of a stretch. If it does compete with bitcoin then it would likely be negative for the price of bitcoin

I just hope it's worth waiting lol.

Lets all w8 and see but this price wont be till next halving i think and that is 2016 not before but hope dies last.

My opinion is the exchange rate, this year, got gutted because the Federal Reserve tapered QE3 so it brought the inflation rate (M1) of the USD well under the inflation rate of bitcoin.

https://docs.google.com/spreadsheets/d/17Jjhd_nnfRJ9EyYuOM1ACPMwRod3hhPqRk4YQp7FIZE/pubhtml#

The rate of adoption and the conversion of USD in BTC (direct or indirect) is not enough to offset the newly created BTCs and keep up the price.
In fact, the price went down from last year continuously, remarking a "slow" dilution of the price, not a sudden repricing.
Now, I suppose, we have reached a point where there is a dynamic equilibrium between new coins created and the demand of coins.

The bad part is the people that bought at higher prices are, mainly, holding.
The good part is people buying now, can spend without problem and hold without risking too much depreciation.

If the depreciation possible is less than the advantages given by using Bitcoin, people can and will start again to convert $/goods/service in BTC.
This will put pressure to the buy side and will, initially, push prices up slowly.

IMO, we will see the "usual" stealth rally of the price, where it will climb, "slowly" back to 400-500-600-700 by april 2015 and then people will start stampeding in again.

This if nothing wrong happen in the economy.
Currently, compared to the last year, MB is near 3% and M1 increased 9% where BTC increased 12%. It is a large gap and the exchange rate suffered because of it.
The good part is the Fed can not keep the MB and M1 there more than a few months without collapsing the economy and the stock market, allowing the interest rates raise.
They will return to increase the MB 30-40% yoy and the M1 of 10-15% yoy sometime in the next six months. Then the exchange rate of BTC will start to climb again like a rocket.

We must keep in mind, the current inflation rate in BTC is slowly decreasing but will halve in July 2016 from 9 to 4.5%. And this will put the inflation rate of BTC in a territory where no fiat Central Bank will be able to crawl without collapsing the economy in a domino of bankruptcies, high interest rates and so on.

That moment (and the weeks/months before I suppose) are the time BTC will definitely reverse its position against the USD, the € and other big currencies. At that time BTC will have the upper hand.
After July 2016 BTC will start to increase in value compared to every major fiat currency, because it will inflate less, and will become a better store of value than them. So people will start to migrate their saving in currency in BTC, like the argentinians now save in USD, €, gold, etc.

We had big price changes already in past and we will have again.
We can only speculate what when and how.

Price will go up when dont know, how we will see.

Its possible for large price rises but also for a six pack of beer to cost 1000 which would be a value drop but also price rise in bitcoin.   Might be more effective to name a product you wish to buy in future for some bitcoin and if its price will fall.  People just assume that if bitcoin rises then the dollar will stay the same but its usually the case that as dollar falls other prices are far more excitable in their movements, on another thread someone posted ruble value and bitcoin volume rising so I'd expect higher bitcoin to mean the same

be interesting to see the effect of PayCoin on this market

The next rise in price could bring us a lot higher than 2000$ but from where it will bring us it will go down then up again. 2000$ in the end of 2015 could be the 400$ of 2014